EIB lends €900mn for Poland’s S7 and S8 dual carriageways

Polish state-owned Bank Gospodarstwa Krajowego (BGK) has signed a €900 million loan agreement with the European Investment Bank (EIB). The money from the loan will be allocated via the National Road Fund (KFD) in the construction of S7 and S8 dual carriageways. The three-section S7 carriageway will be 90.5km long, while the four-section S8 carriageway will stretch over 301km. Both routes will be part of the Trans-European Networks (TEN) system.
December 14, 2012 Read time: 1 min
Polish state-owned Bank Gospodarstwa Krajowego (BGK) has signed a €900 million loan agreement with the 1054 European Investment Bank (EIB).

The money from the loan will be allocated via the National Road Fund (KFD) in the construction of S7 and S8 dual carriageways. The three-section S7 carriageway will be 90.5km long, while the four-section S8 carriageway will stretch over 301km. Both routes will be part of the Trans-European Networks (TEN) system.

For more information on companies in this article

Related Content

  • Kosovo-Serbia connection to commence construction
    October 13, 2017
    Construction will commence on the new connection from Kosovo’s capital Pristina to Nis in Serbia. The first stretch of the highway to be built will be the 77km section from Nis to Merdare in Serbia. The project is expected to cost €212 million, with a portion of the funding at least being provided by the European Investment Bank (EIB). Plans have yet to be announced for the stretch running from Serbia’s border with Kosovo to Pristina. Once complete this route will provide new links from Serbia to Albania an
    Read More
  • Bosnia gets EBRD loan for Corridor 5c work
    January 8, 2024
    The project will include the construction of an interchange and a 15 km dual-carriage motorway section, along the Mostar North-South section.
    Read More
  • New Macedonia highway section opening
    April 30, 2018
    A new highway stretch measuring 28km long is opening in Macedonia. The work has been carried out by the Greek contractor Aktor. The project has cost €227 million. The new highway section runs from Demir Kapija to Smokvica. Financing has been provided jointly by the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), a number of funds and also by Macedonia’s own budget. The completion of this section of highway now completes the route connecting the north and south of
    Read More
  • Romanian road bids
    February 29, 2012
    Bidding is healthy for key road projects in Romania. Four companies and one consortium have submitted bids for the modernisation of the DN18 national road linking Baia Mare with Iacobeni.
    Read More

Highlighted Content